Loading ...yesterday i got a letter from my bank (USAA) saying that they were changing how they held cash in my acct.
it was changing to a Mutual Fund (not insured or guaranteed) by FDIC.
I smell a rat. (not USAA itself – I like them)
I hope the Tent keeps it’s collective ears open to related news on this subject. I believe it will give us clues – they change the rules before the deeds, so they can be nice and “legal”.
screw the Cash Mutual Fund – I will hold cash in Sprott PHYS & PSLV